BEIJING – Chinese government has made a big offer to the Pakistanibusinessmen for improving the trade deficit with Beijing.
China expects Pakistan’s major participation in the China InternationalImport Expo (CIIE), that is scheduled to take place in Shanghai fromNovember 5 to 10.
Prime Minister Imran Khan is among the top dignitaries who have beeninvited to attend the opening session of the CIIE that reflects China’ssincere desire to step up its trade ties with Pakistan.
The expo provides a major opportunity to Pakistani public and privatesectors to take benefit of it for overcoming the existing trade deficit inthe bilateral trade.
In this high-profile business event, Pakistan has been granted a status of‘Guest of Honur’. This ensures the provision of all possible facilitiesand benefits to the Pakistani pavilion. It is also a reflectionof special gesture of goodwill towards Pakistan, especially when thecountry’s Prime Minister is going to participate in it.
According to Pakistan ‘s Ambassador Masood Khalid, a pavilion of Pakistanicompanies exporting various items to China will be set up at the expo. Thiswill facilitate enhancing Pakistan’s export to Chinaand to improve itsbalance of trade position between the two countries.
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“We expect Pakistan’s participation in the CIIE in a big way. It will be agreat opportunity for the Pakistani traders to explore the Chinese marketand enhance their export to China, said an official of the Chinese Ministryof Foreign Trade and Economic Cooperation.
Chinese Envoy in Islamabad Yao Jing had stated earlier that the CIIE couldhelp Pakistan to overcome trade imbalance between the two countries. TheChinese embassy in Islamabad will be fully facilitating the Pakistanibusinessmen to avail the opportunity, he added.
The CIIE is the world’s first large-scale national exhibition tobe centred around imports. Driven by continued supply-side structuralreform and the comprehensive implementation of innovation-drivendevelopment strategies in recent years, China is in the process ofdeveloping a new form of consumption-led economic growth.
